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Stewards of Affordable Housing
for the Future

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Stewards of Affordable Housing for the Future (SAHF) is a 501(c)(3) network of eleven social enterprise nonprofits. SAHF’s members provide high quality, affordable rental homes to over 100,000 households in 49 states, the District of Columbia, Puerto Rico, and the Virgin Islands.

Commitment. SAHF's members came together in 2003 to promote their shared ownership objective, which embraces the notion that stable, affordable housing is critically important in the lives of our citizens. Stable housing can enable working families to retain jobs, grow earning, and build a better future for their children. Affordable rental homes with services enable low-income seniors to age in place with dignity rather than face disruptive and costly institutionalization. Well-designed and operated housing also makes it possible for Americans with disabilities to enjoy a high level of independence. SAHF's members develop, acquire and own affordable multifamily rental homes with these beliefs in mind, and SAHF seeks to bring the full weight of its members' expertise, experience, and entrepreneurial spirit to bear on the task of taking not-for-profit housing preservation to scale.

Capacity. SAHF's members undertake acquisitions ranging from individual properties to multistate portfolios. They have extensive experience with HUD and USDA programs, housing bonds, tax credits, 501(c)(3) bonds, Federal Home Loan Bank affordable housing program loans and grants, and a wide array of state and local government funding sources. Several of SAHF's staff and member executives have held senior policy positions at HUD, USDA, and state housing finance agencies. In the marketplace, its members are known as reliable partners. They are respected by policy makers, active in trade associations, and successful competitors in the marketplace.

A Practitioner-Driven Agenda. The work of its members keeps SAHF on top of policy and marketplace developments nationwide. Seeing the patterns and having the expertise, the members work together to develop policy solutions and financial products that work. SAHF’s initiatives include developing comprehensive legislation for the preservation of affordable rental housing; elimination of obstacles to recapitalizing the Sec. 202 senior housing portfolio and coordinating members' resident services outcome measurement data collection. While working with Congress and HUD to build a policy framework for addressing rising energy costs, SAHF is also developing the data base and the financial tools needed to carry out large scale energy conservation in affordable housing.

Financial Support. SAHF is funded principally by the John D. and Catherine T. MacArthur Foundation, the Kresge Foundation, and its members.

 

© 2008 Stewards of Affordable Housing for the Future | contact@sahfnet.org